Brooklyn Nets

The Bob and Dolores Hope estate in Toluca Lake is now priced at $12 million — nearly half the previous $23 million asking price — and $15.5 million less than what it came on the market for in 2013. The English Traditional-style house was designed by Robert Finkelhor and built for the Hopes in 1939. In the mid-1950s, Hollywood Regency-style architect John Elgin Woolf was commissioned to remodel and update the home. Hidden from the street behind fences and privacy hedges, the compound centers on a 14,876-square-foot main house with grand formal areas, a billiards room, a library and five bedrooms, including a master wing. Other structures include a two-bedroom guesthouse...

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